Blog: Decommissioning cruise ships
The impact of Covid-19 on the cruise ship industry has been graphically displayed recently on social media with the first vessels being run up the beaches in Turkey in preparation for recycling. Ian Butterworth, Forum of Insurance Lawyers member and solicitor at Thomas Miller Law, considers the impact of cruise ships decommissioning on the insurance industry and the environment.
While Turkey is better regulated for vessel recycling relatively speaking when considering some recycling facilities in, for example, Bangladesh, India and Pakistan, the lure of higher scrap prices
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